Wilsey Asset Management Inc. Takes $213,000 Position in Willdan Group, Inc. (NASDAQ:WLDN)

Wilsey Asset Management Inc. acquired a new stake in Willdan Group, Inc. (NASDAQ:WLDN - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm acquired 5,227 shares of the construction company's stock, valued at approximately $213,000. Willdan Group comprises approximately 0.0% of Wilsey Asset Management Inc.'s holdings, making the stock its 24th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Willdan Group by 4.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,218 shares of the construction company's stock valued at $275,000 after acquiring an additional 304 shares during the period. Navellier & Associates Inc. grew its holdings in Willdan Group by 4.4% during the fourth quarter. Navellier & Associates Inc. now owns 8,154 shares of the construction company's stock valued at $311,000 after purchasing an additional 341 shares during the period. Wulff Hansen & CO. increased its stake in Willdan Group by 1.6% in the fourth quarter. Wulff Hansen & CO. now owns 22,821 shares of the construction company's stock valued at $869,000 after purchasing an additional 370 shares in the last quarter. Stifel Financial Corp raised its holdings in Willdan Group by 2.9% in the fourth quarter. Stifel Financial Corp now owns 16,494 shares of the construction company's stock worth $628,000 after purchasing an additional 461 shares during the period. Finally, Aquatic Capital Management LLC raised its holdings in Willdan Group by 10.4% in the fourth quarter. Aquatic Capital Management LLC now owns 5,410 shares of the construction company's stock worth $206,000 after purchasing an additional 510 shares during the period. 72.29% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Willdan Group

In related news, Director Thomas Donald Brisbin sold 1,626 shares of the stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $51.54, for a total transaction of $83,804.04. Following the completion of the transaction, the director now directly owns 422,454 shares of the company's stock, valued at approximately $21,773,279.16. This represents a 0.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Creighton K. Early sold 5,000 shares of the company's stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $53.28, for a total value of $266,400.00. Following the sale, the chief financial officer now owns 72,071 shares in the company, valued at approximately $3,839,942.88. This represents a 6.49% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 100,000 shares of company stock valued at $4,994,075 over the last 90 days. 8.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Wall Street Zen cut shares of Willdan Group from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, March 19th. Wedbush upgraded Willdan Group to a "strong-buy" rating in a report on Monday, March 10th.

Willdan Group Stock Up 3.4%

NASDAQ:WLDN traded up $1.89 during trading hours on Monday, reaching $57.71. 44,208 shares of the stock were exchanged, compared to its average volume of 141,378. Willdan Group, Inc. has a twelve month low of $27.19 and a twelve month high of $58.27. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.77 and a quick ratio of 1.77. The firm has a 50 day moving average of $45.80 and a 200 day moving average of $40.77. The stock has a market cap of $836.55 million, a PE ratio of 35.40 and a beta of 1.23.

Willdan Group Profile

Willdan Group, Inc, together with its subsidiaries, provides professional, technical, and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design and implementation, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and software and data analytics, as well as energy consulting and engineering, turnkey facility and infrastructure projects, and customer support services.